Ordinance 66929

Summary

AN ORDINANCE APPROVING THE DEVELOPMENT PLAN SUBMITTED FOR THE REDEVELOPMENT OF THAT CERTAIN TRACT OF LAND IN THE KINGSDELL REDEVELOPMENT AREA, WHICH AREA HAS BEEN FOUND TO BE BLIGHTED BY THE CITY OF ST. LOUIS, WHICH AREA SHOULD BE REDEVELOPED AS NECESSARY AND IN THE PUBLIC INTEREST, SAID TRACT BEING DESCRIBED IN EXHIBIT A; AUTHORIZING THE MAYOR AND COMPTROLLER TO ENTER INTO AN AGREEMENT ON BEHALF OF THE CITY OF ST. LOUIS WITH THE DEVELOPER; SETTING FORTH THE TERMS AND CONDITIONS OF SAID AGREEMENT, INCLUDING PROVISION FOR PILOT PAYMENTS; INCORPORATING BY REFERENCE CHAPTER 353, REVISED STATUTES OF MISSOURI 2000, AND ORDINANCE NO. 64516, AND CONTAINING A SEVERABILITY CLAUSE.

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